Regulatory Requirements

A daily Oman Marker Price is published by the GME for the front month GME Oman Crude Oil Futures Contract at 1630 Singapore time.

The GME also publishes an end of day settlement price at 1330 CST/CDT for all contracts. This timing coincides with the settlement prices of the light sweet crude oil futures contract and other key energy markets. The GME end of day settlement price is used by the Clearing House to mark to market open positions and thereby establish variation margin.

The GME is closed for trading on New Year's Day, Good Friday and Christmas Day, therefore no Marker or Settlement Prices will be published on these days. As illustrated in the table below, there are six additional US holidays where no margining will occur, but there will be a daily Oman OSP Marker Prices published for the GME Oman Crude Oil Futures Contract at 1630 Singapore time on these days.